167 Oak River DR, Cedar Creek TX 78612

7 recent sales in the surrounding area of this address suggest a current value of $332,631. My recommended list price range for this property would be $260,000 to $270,000. In the current ELM RIDGE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's larger footprint (329 sqft vs the comp average) plays a role in how the market prices it. The 0.17 acre lot (smaller than the 1.42 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in ELM RIDGE; a buyer's market based on recent absorption. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 115 Oriole CV, Cedar Creek TX 78612, adjusting to $296,713; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group